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Former Member

depreciation

Could someone please explain what situation would cause monthly depreciation to change for an asset that is deprecating via straight line method? The fiscal year the asset was acquired the monthly depreciation was one amount but starting the next FY the monthly depreciation amount changed and I am trying to figure out under what circumstances that might happen. There have been no changes to the asset or the configuration for the keys.

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3 Answers

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    Former Member
    May 11, 2011 at 07:06 PM

    Hi, if you close previous year,and change depr. key then depr recalculated for current year using new depr. key

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  • May 12, 2011 at 08:50 AM

    Hi

    Only LINR dep key is meant to provide equal depreciation every month based on Straight Line Method

    Do you use the same or similar key??

    Can you give the details with numeric values please??

    br, Ajay M

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    Former Member
    Aug 01, 2011 at 04:22 AM

    Hi

    See the settings in Base methd, declining bal methd, perd contl methd and multi-level methd.

    Base methd and multi-level methd is very imp to calculate dep.

    Example:

    Base Method Decl Method Period Contl Multl level Method Change over methd

    0007 004 004 045 1

    0011 001 004 001 5

    0017 001 004 044

    Thanks

    P J Anil Kumar

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